Guides & Analytics
Wall Street Opens Lower, Citigroup Falls
Stocks opened slightly lower on Thursday, with the S&P 500 retreating from a record high as investors digested the latest batch of corporate earnings. Among…
Goldman Sachs Profit Hit by Lower Bond Trading Revenue
Goldman Sachs Group Inc (GS.N) reported a 21 percent drop in quarterly profit as revenue from fixed-income trading fell in what Chief Executive Lloyd C. Blankfein…
Egypt Holds a Milestone Renewable and Non-renewable Energy Event Next Month
Organized by Business Media Group (BMG), the Egyptian Ministries of Electricity and Petroleum will be holding a conference entitled “Renewable and Non-renewable…
Investors Discuss Today Launch of Investment Firm for Suez Canal Development
Egyptian Union For Investors Associations will be holding today a meeting to discuss the steps to establish an investment firm for the Suez Canal Axis…
Ahead of CBE’s Meeting, EGX 30 Ends This Week 0.7% Lower
Ahead of the central bank’s meeting to review the interest rates, Egyptian stocks ended this week lower driven by foreign profit-taking processes incurring losses…
Egypt Sees New EU Grants worth €500 mln during Q1 – Official
Egypt will be signing a new cooperation agreement with the European Union within the first quarter of the current year, seeking to obtain grants worth € 500 million.…
CBE Offers Its Last US$ 40 mln FX Auction of this Week
The Central Bank of Egypt (CBE) has offered today its last foreign exchange auction for this week totaled US$ 40 million for local banks. The central bank is…
Citadel Capital Buys $534mn of Platform Company NOPC’s Debts
Transaction may allow upstream oil and gas company National Oil Production Company to improve its economic viability, potentially opens door to recouping of part of…